Halliburton Historical Income Statement

HAL Stock  USD 26.16  0.12  0.46%   
Historical analysis of Halliburton income statement accounts such as Total Revenue of 16.8 B or Gross Profit of 2.9 B can show how well Halliburton performed in making a profits. Evaluating Halliburton income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Halliburton's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Halliburton latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Halliburton is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Halliburton. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Halliburton Stock please use our How to buy in Halliburton Stock guide.

About Halliburton Income Statement Analysis

Halliburton Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Halliburton shareholders. The income statement also shows Halliburton investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Halliburton Income Statement Chart

At this time, Halliburton's Net Income is quite stable compared to the past year. Income Tax Expense is expected to rise to about 753.9 M this year, although the value of Total Revenue will most likely fall to about 16.8 B.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Halliburton minus its cost of goods sold. It is profit before Halliburton operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Halliburton operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Halliburton is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Cost Of Revenue

Cost of Revenue is found on Halliburton income statement and represents the costs associated with goods and services Halliburton provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from Halliburton's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Halliburton current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Halliburton. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Halliburton Stock please use our How to buy in Halliburton Stock guide.At this time, Halliburton's Net Income is quite stable compared to the past year. Income Tax Expense is expected to rise to about 753.9 M this year, although the value of Total Revenue will most likely fall to about 16.8 B.
 2022 2023 2024 2025 (projected)
Gross Profit3.3B23.0B4.3B2.9B
Total Revenue20.3B23.0B22.9B16.8B

Halliburton income statement Correlations

0.380.83-0.050.840.010.070.220.880.220.04-0.180.020.20.590.780.30.31-0.050.1-0.340.14-0.230.31-0.540.62
0.380.16-0.090.24-0.37-0.39-0.320.250.04-0.44-0.47-0.44-0.36-0.130.04-0.430.06-0.52-0.42-0.710.510.01-0.080.18-0.08
0.830.160.30.830.490.540.650.99-0.070.520.170.50.470.770.90.030.220.420.11-0.35-0.270.10.12-0.170.29
-0.05-0.090.30.220.40.420.330.23-0.950.390.160.4-0.10.110.22-0.49-0.040.38-0.2-0.14-0.260.33-0.410.43-0.3
0.840.240.830.220.290.330.440.850.040.310.050.290.30.570.830.280.240.230.22-0.26-0.1-0.060.13-0.380.49
0.01-0.370.490.40.290.950.930.4-0.20.950.840.930.780.460.44-0.13-0.060.910.310.02-0.860.630.10.32-0.27
0.07-0.390.540.420.330.950.980.45-0.211.00.780.990.780.560.49-0.12-0.050.980.290.05-0.910.620.040.27-0.17
0.22-0.320.650.330.440.930.980.57-0.10.980.740.970.830.650.59-0.04-0.010.950.320.0-0.870.560.110.16-0.06
0.880.250.990.230.850.40.450.57-0.020.420.10.410.410.740.90.050.270.330.08-0.42-0.180.050.15-0.220.35
0.220.04-0.07-0.950.04-0.2-0.21-0.1-0.02-0.18-0.05-0.20.30.10.020.590.03-0.190.330.170.12-0.30.42-0.510.4
0.04-0.440.520.390.310.951.00.980.42-0.180.790.990.80.560.48-0.07-0.050.980.320.09-0.920.60.060.24-0.15
-0.18-0.470.170.160.050.840.780.740.1-0.050.790.760.740.210.120.09-0.070.780.490.21-0.880.660.440.2-0.16
0.02-0.440.50.40.290.930.990.970.41-0.20.990.760.730.540.48-0.1-0.020.990.280.06-0.920.560.00.28-0.19
0.2-0.360.47-0.10.30.780.780.830.410.30.80.740.730.580.410.24-0.080.720.520.21-0.750.510.37-0.10.15
0.59-0.130.770.110.570.460.560.650.740.10.560.210.540.580.710.190.150.510.49-0.04-0.410.020.16-0.290.34
0.780.040.90.220.830.440.490.590.90.020.480.120.480.410.710.130.360.420.07-0.34-0.250.040.01-0.190.28
0.3-0.430.03-0.490.28-0.13-0.12-0.040.050.59-0.070.09-0.10.240.190.130.11-0.050.60.540.0-0.440.58-0.880.8
0.310.060.22-0.040.24-0.06-0.05-0.010.270.03-0.05-0.07-0.02-0.080.150.360.11-0.030.03-0.560.04-0.110.01-0.120.09
-0.05-0.520.420.380.230.910.980.950.33-0.190.980.780.990.720.510.42-0.05-0.030.310.15-0.940.550.010.26-0.17
0.1-0.420.11-0.20.220.310.290.320.080.330.320.490.280.520.490.070.60.030.310.47-0.38-0.120.53-0.490.39
-0.34-0.71-0.35-0.14-0.260.020.050.0-0.420.170.090.210.060.21-0.04-0.340.54-0.560.150.47-0.17-0.210.22-0.420.34
0.140.51-0.27-0.26-0.1-0.86-0.91-0.87-0.180.12-0.92-0.88-0.92-0.75-0.41-0.250.00.04-0.94-0.38-0.17-0.68-0.24-0.230.17
-0.230.010.10.33-0.060.630.620.560.05-0.30.60.660.560.510.020.04-0.44-0.110.55-0.12-0.21-0.680.030.61-0.4
0.31-0.080.12-0.410.130.10.040.110.150.420.060.440.00.370.160.010.580.010.010.530.22-0.240.03-0.540.46
-0.540.18-0.170.43-0.380.320.270.16-0.22-0.510.240.20.28-0.1-0.29-0.19-0.88-0.120.26-0.49-0.42-0.230.61-0.54-0.89
0.62-0.080.29-0.30.49-0.27-0.17-0.060.350.4-0.15-0.16-0.190.150.340.280.80.09-0.170.390.340.17-0.40.46-0.89
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Halliburton Account Relationship Matchups

Halliburton income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization1.1B904M940M998M1.1B896.7M
Interest Expense505M469M375M395M450M472.5M
Total Revenue14.4B15.3B20.3B23.0B22.9B16.8B
Gross Profit1.5B2.0B3.3B23.0B4.3B2.9B
Other Operating Expenses13.1B13.5B3.1B18.9B19.1B14.6B
Operating Income1.4B1.8B2.7B4.1B3.8B4.0B
Ebit(2.7B)1.8B2.6B4.1B3.7B3.9B
Ebitda(1.6B)2.7B3.5B4.1B4.8B5.0B
Cost Of Revenue12.9B13.3B17.0B18.6B18.6B14.8B
Total Operating Expenses182M263M(3.1B)(18.9B)479M478.1M
Income Before Tax(3.2B)1.3B2.1B3.4B3.2B3.4B
Total Other Income Expense Net(784M)(548M)(597M)(720M)(588M)(617.4M)
Net Income(2.9B)1.5B1.6B2.6B2.5B2.6B
Income Tax Expense(278M)(216M)515M(701M)718M753.9M
Research Development309M321M345M408M469.2M382.7M
Net Income Applicable To Common Shares(1.1B)(2.9B)1.5B1.6B1.4B1.5B
Minority Interest(3M)(11M)(23M)(27M)(15M)(14.3M)
Net Income From Continuing Ops(2.9B)1.5B1.6B2.7B2.5B2.6B
Non Operating Income Net Other(105M)(111M)(79M)(222M)(199.8M)(189.8M)
Non Recurring2.5B3.8B12M366M329.4M312.9M
Tax Provision(278M)(216M)515M710M718M753.9M
Interest Income505M469M375M81M97M92.2M
Net Interest Income(505M)(469M)(375M)(338M)(353M)(370.7M)
Reconciled Depreciation1.1B904M940M978M1.1B974.6M

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When determining whether Halliburton is a strong investment it is important to analyze Halliburton's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Halliburton's future performance. For an informed investment choice regarding Halliburton Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Halliburton. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Halliburton Stock please use our How to buy in Halliburton Stock guide.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Halliburton. If investors know Halliburton will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Halliburton listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.04)
Dividend Share
0.68
Earnings Share
2.83
Revenue Per Share
26.014
Quarterly Revenue Growth
(0.02)
The market value of Halliburton is measured differently than its book value, which is the value of Halliburton that is recorded on the company's balance sheet. Investors also form their own opinion of Halliburton's value that differs from its market value or its book value, called intrinsic value, which is Halliburton's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Halliburton's market value can be influenced by many factors that don't directly affect Halliburton's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Halliburton's value and its price as these two are different measures arrived at by different means. Investors typically determine if Halliburton is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Halliburton's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.